DEBT MANAGEMENT

The main route towards debt management these days is via bankruptcy. At New Era, we see this as pushing the problem under the rug--it doesn't fully solve the problem. Instead of declaring bankruptcy, work with us and we'll bring down the amount of your debt.

How? With a bankruptcy, a creditor is never going to be repaid for certain debts. This is the main thing working in our favor. A creditor would rather have some of the debt paid off than lose the debt entirely to a bankruptcy filing. This is the main way that we are able to lower the amount of your debt.

COLLECTION AGENCIES

If a debt becomes truly delinquent, a collection agency will become involved. Creditors know that collection agencies are not free. They will take a commission of 20 percent or even more off of a debt, meaning they won't be able to get the debt repaid in full anyway. When working with a collection agency, they'll receive the same amount or less than what would be achieved through a negotiation with New Era Debt Solutions.

This is the big secret about debt management, there are ways out of it. Creditors fear bankruptcy because it means a major loss in revenue for them. However, bankruptcy has its own problems for the consumer. So New Era is here to fill the void. We can pressure creditors to lower your debt by as much as half, and your financial burden will be cut significantly.